Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I'll be bringing you back in the wrap-up. I'll be bringing you back in wrap-up. You're opening a new line of questioning, I'll bring you in the wrap-up. There is just one short supplementary. Okay, thank you.
Okay, Mr. Begg, if I can just deal with a couple of questions with yourself there and if I can just get a ... this is a ... crisis management key findings from the five reviews - the five reviews being the Honohan report, Nyberg, the PAC, Regling and Watson and the Wright report. And if I can just ... is it coming up there, is it?
This is just a summary document and it's a note to witnesses. If we can just move on to 005 of that document there, it's a bit further in. There we go, that's it. Thank you. Yes, that's the one. Mr. Begg, if maybe, if I could begin with yourself, that various reviews of the banking crisis refer to the phenomena of groupthink in the lead up to the crisis. Maybe if I can begin by putting the question to you, do you believe that social partnership, with its emphasis on consensus, created its own form of groupthink between government, trade unions, employer bodies, in terms of policy analysis and recommendations?
No comments